Honeywell Internal Email Shows Airplane Boom Time Over, More Layoffs Coming
by Mike ‘Mish’ Shedlock
Mish Talk
A Mish reader who works at Honeywell informed me last week that a huge slowdown was coming in the aerospace/aircraft business.
I now have the internal memo from Tim Mahoney, Chief Executive Officer of Honeywell Aerospace, with comments from the reader who went through a similar layoff and forced furlough situation last November as well.
Obviously, things have not improved.
Honeywell Employee “HE” writes:
Continue Reading at MishTalk.com…
Source: http://financialsurvivalnetwork.com/2016/07/honeywell-internal-email-shows-airplane-boom-time-over-more-layoffs-coming/
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